this post was submitted on 12 Jan 2024
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[–] FlyingSquid@lemmy.world 113 points 8 months ago (2 children)

And the Republicans want to cut the IRS's funding by a huge amount.

[–] extraowl@lemmy.dbzer0.com 67 points 8 months ago (1 children)
[–] FlyingSquid@lemmy.world 44 points 8 months ago (2 children)

You'd think they would be a fan of the people that caught Hunter Biden in a crime...

Do you think they could find out other people were committing similar crimes? And that those people are also rich? Maybe elected officials even? Hmm...

[–] Bakkoda@sh.itjust.works 21 points 8 months ago (2 children)

They aren't interested in crime. They aren't interested in law. They aren't interested in policy. They are obsessed with punishment.

[–] FlyingSquid@lemmy.world 14 points 8 months ago (1 children)

Punishment for people who aren't them or their friends. It's okay when they do it.

[–] SuckMyWang@lemmy.world 7 points 8 months ago

I believe the word is oppression

[–] squiblet@kbin.social 4 points 8 months ago

They’re obsessed with their own power and money imo. Prisons make money, and keep the proles in line using fear. That’s the whole reason for the drug war - Nixon etc wanted to harm their political enemies, as in leftists and minorities, while also grifting money from the government and increasing authoritarianism.

[–] just_change_it@lemmy.world 9 points 8 months ago* (last edited 8 months ago)

you don't understand, after they gut the irs funding they'll replace all the management positions with politically chosen replacements, then force investigations to solely target their political rivals. No resources left to investigate their buddies.

That's the strategy now. All competitors are 'crooks'.

[–] NostraDavid@programming.dev 7 points 8 months ago

I remember seeing a video of how painfully outdated the IRS is, so they should invest instead...

edit: found it - it's by LGR: https://www.youtube.com/watch?v=qL5ut8o5pfs

[–] SnotFlickerman@lemmy.blahaj.zone 84 points 8 months ago (3 children)

change that m to a b in "delinquent millionaires" and then we'll have something.

A guy with $2 million isn't the problem, the guy with $1 billion is.

"What's the difference between a million and a billion?"

"About a billion."

[–] speff@disc.0x-ia.moe 45 points 8 months ago* (last edited 8 months ago)

Any shithead not paying their taxes is a problem

-someone who actually pays taxes

[–] Ghostalmedia@lemmy.world 18 points 8 months ago

Given its $160k a year for an auditor’s salary… maybe $200 when all is said and done with benefits, then $2 million is a solid return on investment. I’ll take it.

[–] yo_scottie_oh@lemmy.ml 3 points 8 months ago (1 children)

at first I thought this was gonna say “change that m to a b in $500 million” 🤣

[–] SnotFlickerman@lemmy.blahaj.zone 5 points 8 months ago

I mean, both would be good.

[–] charonn0@startrek.website 55 points 8 months ago

That's an interesting euphemism for tax fraud.

[–] Treczoks@lemmy.world 33 points 8 months ago

Which is probably less than a percent of what they owe if the IRS would successfully unravel all those Delaware, Kitts and Nevis, Bermudas, etc. "company" structures.

[–] hperrin@lemmy.world 21 points 8 months ago

Delinquent millionaires is such a great phrase.

[–] nicetriangle@kbin.social 18 points 8 months ago

Could be a lot more, but I'll take it. Hopefully they keep rolling. These people are a drain on society.

[–] BigMacHole@lemm.ee 16 points 8 months ago (1 children)

Getting $500MILLION from Millionaires is HORRIBLE! We need to SAVE that money by Starving Children instead!

[–] Jaysyn@kbin.social 7 points 8 months ago

Texas & 14 other #GOP states are doing just that.

[–] Habahnow@sh.itjust.works 14 points 8 months ago (1 children)

The article doesn't seem to indicate the ROI of the influx of new money to the IRS vs extra money received because of this influx. Only reason I care about ROI with this agency is 1) only real agency that makes money. 2) IRS had indicated before that they can generate something like 7 USD per 1 USD they are given for funding and I'd like to see if that plays out.

Regardless, I'm glad te IRS is getting the funding it needs to go after the rich.

[–] SeaJ@lemm.ee 11 points 8 months ago (1 children)

They basically get an extra $6 billion each year over the next decade. So this would be a decent chunk of that. They have also recovered hundreds of millions in fraudulent PPP loans. They are also pushing to recover $29 billion in back taxes from Microsoft. A lot of those things they would not have been able to do before.

[–] Habahnow@sh.itjust.works 1 points 8 months ago

Anywhere where I can read about this in particular?

[–] Default_Defect@midwest.social 14 points 8 months ago

Is that all? Seems exceedingly low.

[–] BustinJiber@lemmy.world 6 points 8 months ago

So that's one guy, how many more to go?

[–] Ensign_Crab@lemmy.world 6 points 8 months ago

Centrists gonna be like "he taxed the rich more than any president evar" even though this is an insulting pittance.

[–] qwertyWarlord@lemmy.world 5 points 8 months ago

Peanuts, really...

[–] PP_BOY_@lemmy.world 0 points 8 months ago

How much from billionaires?

[–] citrusface@lemmy.world -2 points 8 months ago (2 children)

Wow 500million..

So like.... Nothing?

[–] squirmy_wormy@lemmy.world 8 points 8 months ago (1 children)
[–] originalucifer@moist.catsweat.com 4 points 8 months ago (2 children)

that will fund the military for 6 hours.

[–] blandfordforever@lemm.ee 5 points 8 months ago

There will always be some perspective from which the impact of anything can be minimized.

What is the significance of your life, when viewed from the scale of the universe? It's utterly meaningless from this perspective. However, your existence is quite significant to that spider you squished.

Jonas Salk created a polio vaccine that saved countless lives, but whyd he even bother when there are so many other causes of mortality?

[–] squirmy_wormy@lemmy.world 1 points 8 months ago

K..so cool. If you're pro-big-usa-military, then you gained 6 hours. If you're pro-a-bunch-of-other-govt-programs, they hey! Congratulations! There's another half billion

[–] ThrowawayInTheYear23@lemmy.world 6 points 8 months ago (2 children)

$520 million is a good start.

[–] citrusface@lemmy.world 2 points 8 months ago

I suppose - but like there decades worth of back taxes. 500 is a good start maybe, but we all know they are dodge taxes and being taxed at lower rates than poor an middle classs and you know what there is no point in even talking about it because itll just work me up and I can't change anything so I'll just keep focusing on my community instead. Thank you.

[–] Chozo@kbin.social -4 points 8 months ago (1 children)

It's half of one billionaire. It's a drop in the bucket.

[–] Introversion@kbin.social 6 points 8 months ago (1 children)

It’s better than no drop.